by Hale Andrew Antico, Esq.

Right about now, you're probably getting your credit card bills from your Christmas shopping. Also, you may be shocked to see that your credit card minimum payments have doubled.

For months now, I've been writing about how things are going to get much harder for the American consumer now that harsh bankruptcy laws are taking effect. However, just because it's harder to get a fresh start does not mean there is no more relief for those who need it most.

Bankruptcy is not Dead

For those who need it, bankruptcy is still there as a safety net. The logic is this: if you make "too much" money, you can afford to pay back some of your debt. But a recent study by a bankruptcy software company showed that over 70% of recent people seeking bankruptcy relief for Chapter 7 would still be able to do it under the new laws. So most people would still be able to file under the new law.

More requirements

There are additional hurdles to get the bankruptcy relief and debt help that you want and need. Now, there is the requirement that you undergo a credit counseling session that teaches you how to budget your money and beware of the evils of credit and debt. You also need to demonstrate how your case is not a bankruptcy abuse. There are new forms and new headaches for someone navigating the process.

But the bottom line is that "Bankruptcy is still an option."Attorney Anticobankruptcy is still there. Call a bankruptcy attorney and let a lawyer who does this for a living help you get through the difficult times. It's not just about being good lawyers, but also having good bedside manner and showing customer service where you know we care.

Call today for a no-obligation consultation. 661-252-9900, or complete our simple contact form.

| 01.2006 | Print |